IADB launches April 2024 Kangaroo EYE-bond tap

Inter-American Development Bank (IADB) (AAA/Aaa) launched a A$100 million (US$77.6 million) minimum increase of its April 2024, Kangaroo, education, youth and employment (EYE) bond on 19 March. Indicative price guidance for the deal is 11 basis points area over semi-quarterly swap, equivalent to 37.1 basis points area over Australian Commonwealth government bond.